Special Purpose Needles Market, By Product Type (Fine Aspirating Needles, Biopsy Needles, Hypodermic needles, Pen Needles, Suture Needles, IV catheter Needle, Implantation Needles, Dental Needles, Ophthalmic Needles, Blood Collection Needle, Spinal Anesthesia Needle, Epidural Needle, A.V. Fistula Needle, Cannula Needles), By Application (Sample Collection, Drug Delivery), By Distribution Channel (Hospital Pharmacies, Private Clinics, Retail Pharmacies and Drug Stores, e-Commerce), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
For the delivery of drugs and the collection of bodily fluid samples, special purpose needles are created. Fine aspirating needles, biopsy needles, hypodermic needles, pen needles, suture needles, IV catheter needles, implantation needles, dental needles, ophthalmic needles, blood collection needles, spinal anesthesia needles, epidural needles, A.V. fistula needles, and cannula needles are some of the special purpose needles used in healthcare settings for drug delivery and sample collection. For administering drugs such as heparin, insulin, and other medications, special purpose needles are utilized. Over the course of the projected period, an increase in the prevalence of gynecologic cancer and an increase in biopsy procedures are anticipated to fuel market expansion.
Market Dynamics
Increase in the prevalence of gynecological cancer is expected to drive the market. Special purpose needles are commonly used in gynecological cancer diagnosis and treatment procedures. For example, needle biopsies are often performed to collect tissue samples for analysis, and fine needle aspiration (FNA) may be used to extract fluid from cysts or tumors. As the prevalence of gynecological cancer increases, the demand for these procedures and the associated special purpose needles will also increase. Growth is anticipated to be fueled by rising professional awareness, affordable safety needles, and user-friendly procedures. Safety needles are also anticipated to become more profitable in the near future due to increased healthcare costs and expanding liabilities from accidental infections.
Key features of the study:
This report provides in-depth analysis of the special purpose needles market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global special purpose needles market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Boston Scientific Corporation, Argon Medical Devices, Inc., Becton, Dickinson and Company, Cook Medical, B. Braun Melsungen AG, Medtronic Plc., Novo Nordisk A/S, SERAG-WIESSNER GmbH & Co., Smith’s Medical, Terumo Corporation, Stryker Corporation, and NIPRO Medical Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
The global special purpose needles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global special purpose needles market
Detailed Segmentation:
Global Special Purpose Needles Market, By Product Type:
Fine Aspirating Needles
Biopsy Needles
Hypodermic needles
Pen Needles
Suture Needles
IV catheter Needle
Implantation Needles
Dental Needles
Ophthalmic Needles
Blood Collection Needle
Spinal Anesthesia Needle
Epidural Needle
V. Fistula Needle
Cannula Needles
Global Special Purpose Needles Market, By Application::
Sample Collection
Drug Delivery
Global Special Purpose Needles Market, By Distribution Channel:
Hospital Pharmacies
Private Clinics
Retail Pharmacies and Drug Stores
e-Commerce
Global Special Purpose Needles Market, By Region:
North America
By Country:
U.S.
Canada
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Country:
GCC
Israel
Rest of Middle East
Africa
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Boston Scientific Corporation*
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Argon Medical Devices, Inc.
Becton, Dickinson and Company
Cook Medical
B.Braun Melsungen AG
Medtronic Plc.
Novo Nordisk A/S
SERAG-WIESSNER GmbH & Co.
Smith’s Medical
Terumo Corporation
Stryker Corporation
NIPRO Medical Corporation
“*” marked represents similar segmentation in other categories in the respective section.